CNNMoney |
Russia has cash to prevent economic collapse
CNNMoney Russia is gripped by its worst financial crisis since 1998 but should have enough money to prevent a total meltdown … for now. Its currency has plunged by 50% this year, economic growth is falling off a cliff, and oil revenues are shrinking. Capital is fleeing the … Russia imposes steep interest rate hike as ruble plummets Oil prices skid ahead of Fed outcome, EIA supply data As the Ruble Swoons, Russians Desperately Shop |